Japan
Norinchukin Bank outlook negative amidst rising unrealized losses: Moody’s
The losses should reverse in 2024 as interest rates begin to decline, the ratings agency said.
Norinchukin Bank outlook negative amidst rising unrealized losses: Moody’s
The losses should reverse in 2024 as interest rates begin to decline, the ratings agency said.
JCB enables Korean payments for Smart Code merchants
This is expected to help the millions of yearly Korean visitors going to Japan.
Shinhan Bank Japan’s profits to decline, but asset quality stable in 2024
Loan concentration in the real estate investment segment remains a risk.
Mizuho completes acquisition of US investment bank Greenhill
Greenhill is bringing its over 370 employees in the acquisition.
Japan’s SMFG names Toru Nakashima as CEO
Nakashima retired from SMBC in April 2022, but returned to the company in 2023.
Japan’s Mizuho invests in SG-based carbon exchange CIX
CIX will use the funding to build out its existing platforms and deepen offerings.
Japan’s Mizuho Bank sees profits rise 24.4% in H1
Full year dividend is expected to be JPY100 for 2023.
Japan’s Nomura mulls dropping China securities joint venture: report
The JV $30.75m in 2022, and $11m in 2021.
Ensuring Operational Resilience (OR) in Japan
Initiatives from BCM (Business Continuity Management) to OR.
Mizuho Bank unveils progress report for business improvement plan
It is also in the process of reforming company culture through a new corporate identity.
Japan’s Mizuho joins global health investment initiative
Triple I for GH1 seeks to mobilize private capital for universal health coverage.
JCB unveils special Hokkaido shopping offers for foreign cardmembers
JCB cardmembers with plastics issued outside Japan will enjoy special shopping offers.
Strong regional earnings boosts MUFG’s profits
In case of trouble, MUFG has a high likelihood of getting government support.
Mizuho Financial Group issues $817m green bond
Funds raised will be used to finance green projects, the group announced.
Japanese banks report lower average lending rates in July
City banks’ interest rates for short-term and long-term loans decreased.
Sumitomo Mitsui’s 2023 profit jumps more than three-fourths of the way
Net profit for 2023 was Y52.2t, versus the Y29.7t the previous year.
Mizuho partners with KOKO Networks to offer carbon credits to clients
Proceeds from the sale of premium carbon credits are distributed as substantial discounts on KOKO Fuel.